Are you worried about taxes going up? With the government looking for ways to put more money in the coffers, they have suggested eliminating the mortgage interest deduction. If you own your home, you should care! In an effort to keep you up-to-date on this issue, The National Association of Home Builders (NAHB) has launched www.SaveMyMortgageInterestDeduction.com.
“Americans overwhelmingly oppose any action by Congress to tamper with the mortgage interest deduction, but it could be eliminated or scaled back as Congress and the Administration are looking at tax increases in light of deficit concerns,” said NAHB President Bob Jones, a home builder from Bloomfield Hills, Mich. “The consequences would be devastating for home owners, the housing market and the nation’s economy.”
www.SaveMyMortgageInterestDeduction.com answers your questions! It separates the myths about the mortgage interest deduction from reality, and shows why this cornerstone of American housing policy is essential for millions of middle-class home owners and families that aspire to own their own home.
The site contains fact sheets, frequently asked questions, statistics, and other important information to allow consumers to stay informed as debate on the mortgage interest deduction moves forward. Most importantly, www.SaveMyMortgageInterestDeduction.com tells visitors how to remain engaged and make sure their opinions are heard on this important issue by connecting through NAHB’s Facebook and Twitter mortgage interest deduction communities and Eye on Housing blog.